Teho International (SGX:5OQ) Interest Coverage : 1.56 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Teho International Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Teho International's Operating Income for the six months ended in Dec. 2023 was S$1.02 Mil. Teho International's Interest Expense for the six months ended in Dec. 2023 was S$-0.65 Mil. Teho International's interest coverage for the quarter that ended in Dec. 2023 was 1.56. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Teho International Inc Ltd interest coverage is 3.35, which is low.

The historical rank and industry rank for Teho International's Interest Coverage or its related term are showing as below:

SGX:5OQ' s Interest Coverage Range Over the Past 10 Years
Min: 0.75 Med: 4.43 Max: 9.81
Current: 3.35

SGX:5OQ's Interest Coverage is ranked worse than
70.01% of 757 companies
in the Oil & Gas industry
Industry Median: 6.59 vs SGX:5OQ: 3.35

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Teho International Interest Coverage Historical Data

The historical data trend for Teho International's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Teho International Interest Coverage Chart

Teho International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Coverage

Get a 7-Day Free Trial

0.75

2.38

5.24

5.01

3.84

Teho International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															2.43	7.48	2.35	5.21	1.56

Competitive Comparison of Teho International's Interest Coverage

For the Oil & Gas Equipment & Services subindustry, Teho International's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Teho International's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teho International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Teho International's Interest Coverage falls into.

Teho International Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Teho International's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Teho International's Interest Expense was S$-1.21 Mil. Its Operating Income was S$4.64 Mil. And its Long-Term Debt & Capital Lease Obligation was S$8.74 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2023 )	/	Interest Expense (A: Jun. 2023 )
	=	-1	*	4.641	/	-1.21
	=	3.84

Teho International's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Teho International's Interest Expense was S$-0.65 Mil. Its Operating Income was S$1.02 Mil. And its Long-Term Debt & Capital Lease Obligation was S$8.74 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1.018	/	-0.652
	=	1.56

The higher the ratio, the stronger the company's Financial Strength is.

Teho International (SGX:5OQ) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Teho International Interest Coverage Related Terms

Thank you for viewing the detailed overview of Teho International's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Teho International (SGX:5OQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teho International Inc Ltd (SGX:5OQ) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Commonwealth Lane, Number 09-23, One Commonwealth, Singapore, SGP, 149544

Website

https://www.teho.com.sg

Teho International Inc Ltd is an investment holding company. It has diversified its operations into two segments, being Marine and Offshore and Property Development. The Marine and Offshore segment sells rigging and mooring equipment, offshore oil and gas equipment, and related marine and engineering hardware and accessories. The Property Development segment develops, markets and sells real estate properties, and provides real estate services. The majority of its revenue is derived from the Marine and Offshore segment. Its primary geographic markets are Singapore, Malaysia, Philippines, The Netherlands, Indonesia, United States of America, Hong Kong, and other countries. Geographically, Singapore contributes the maximum revenue.

Teho International (SGX:5OQ) Headlines

No Headlines